Senior Product Manager, Plum
Subscriptions
+ Stock options
2+ days a week in office
Wealth automation app
Job no longer available
Wealth automation app
101-200 employees
Job no longer available
+ Stock options
2+ days a week in office
101-200 employees
Company mission
To accompany people on their financial journey and give them the tools to manage, save and invest their money.
Role
Who you are
- Has proven experience building mobile consumer product/s across UK and/or Europe and ideally, worked in the subscriptions domain at a fast growing consumer scale-up
- Has managed P&Ls before and led commercial thinking in the domain
- Are able to manage a team of engineers, speak their language and are able to communicate business needs in a constructive & timely way
- Is comfortable with data, can ground your thinking in analysis, can identify key metrics and their drivers and constantly drive actionable insights from numbers
- Can think critically and doesn’t settle for mediocrity, including possessing the resilience to challenge the status quo to make things better
- Is comfortable with ambiguity and a fast learner who is humble and curious, and enjoys developing yourself and those you work with
- You have a proven track record of making an impact through experimentation and optimization
What the job involves
- We are looking for a Senior Product Manager to join Plum in the London office and lead the Subscriptions squad
- You’ll be expected to deeply understand how users think about money, the challenges they face when it comes to thinking about wealth and find elegant solutions to complex problems
- Plum’s subscriptions are paid plans that users subscribe to in order to get closer to their wealth goals - these plans unlock various features such as access to certain products, better rates and powerful automations that take the effort out of wealth building
- In this role, you will be responsible for the full subscriber lifecycle: awareness, discovery, conversion, onboarding, engagement and retention
- This is a crucial revenue function at Plum and the team is a key part of the Growth, Engagement & Monetization team
- Firsthand product manage the subscriptions squad at Plum
- Consistently strive for excellence to optimize the subscriptions funnels to minimize churn, maximize conversion and drive increased cross-sell/discovery of Plum’s offerings for users
- Manage the subscriptions P&L, which includes collaborating with data & marketing teams to drive retention, marketing & churn reduction strategies
- Identify new growth opportunities, launch experiments and iterate,
- Develop a deep understanding of customers needs and the competitive landscape to ensure subscriptions drive step-change value for our users
- Drive the planning process and roadmap prioritisation for your team to drive KPIs that ultimately move Plum’s OKRs
- Work closely with your Group PM and other PMs to define and construct a long term product strategy for our saving and investing products
Salary benchmarks
Our take
Consumers are not satisfied with the products being offered by traditional banks, who have proven slow to react to their needs and demands. Plum is one of the increasing number of money management alternatives, offering a platform for users to automate their investments and savings.
The development of fintech in the UK has made the space incredibly competitive, with other companies such as Cleo and Emma trying to solve similar problems. That said, Plum has certainly found its place, with over a million users having downloaded the app. It was also voted Best Personal Finance App at the 2023 British Bank Awards, a testament to its popularity.
The company plans to use its latest funding to accelerate European expansion and heighten its product offering, building a more cohesive customer experience for its app. Most recent developments to the platform include the addition of "Watchlists" and "Price Alerts", two features that aim to further empower people by delivering smart notifications and portfolio control.
Freddie
Company Specialist
Insights
Few candidates hear
back within 2 weeks
35% female employees
7% employee growth in 12 months
Company
Employee endorsements
Flexible working
"Usually going to the office twice a week (since there are really nice perks there too :D). I am also able to work from our offices in Athens and..."
Funding (last 2 of 12 rounds)
Jul 2024
$17.5m
SERIES B
Jun 2024
$2.9m
SERIES B
Total funding: $88.1m
Company benefits
- 25 days paid holidays + UK bank holidays (33 in total)
- We're all in this together! Own part of the company through stock options
- 45 days work from anywhere
- 1 extra day for volunteering
- Our annual team trip, to a secret destination
- Annual training budget
- Free Plum Premium subscription
- Flexible working hours (flexible hybrid remote model)
Company values
- Figure It Out - Creating change is not impossible. Effort, curiosity, and persistence got us where we are today and will get us where we need to be tomorrow
- Make Change Happen - Money will work radically differently from how it does today. When it comes to savings - it will only work the way it should, if we make it happen
- Together We Push - We push each other to a high standard, treat each other fairly, and are constantly evolving into better versions of ourselves. We push new ideas - the old way of money is no longer fit for purpose. We push until it’s done. “Done” is when it’s helping our customers
- No Frills - We’re lean and efficient because we’re here for the long term. Our journey with our customers ends when they retire
- Have Their Back - Plum customers are financially better off people. We look out for them and have their best interests at heart, whilst still having a material impact on their finances. This is why they trust us
Company HQ
London, UK
Articles
Leadership
Victor Trokoudes
(CEO)Previously Head of International Banking at TransferWise. Started their career at Morgan Stanley as a trader. Has an MBA from INSEAD
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